Note 8 - Income Taxes (Tables)

12 Months Ended

Apr. 27, 2024

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	(In thousands)
	Fiscal		Fiscal			Fiscal
	2024		2023			2022
Current	$	49,683	$	48,287		$	42,555
Deferred		3,433		(4,009	)		6,529
Total	$	53,116	$	44,278		$	49,084

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	(In thousands)
	2024		2023
Deferred tax assets:
Accrued expenses and other	$	3,923	$	4,671
Inventory and amortizable assets		575		545
Total deferred tax assets		4,498		5,216
Deferred tax liabilities:
Property		25,002		23,715
Intangibles and other		2,743		1,315
Total deferred tax liabilities		27,745		25,030
Deferred tax liabilities, net	$	23,247	$	19,814

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Fiscal			Fiscal			Fiscal
	2024			2023			2022
Statutory federal income tax rate		21.0	%		21.0	%		21.0	%
State income taxes, net of federal benefit		2.8			2.9			2.9
Other differences		( 0.7	)		(0.2	)		(0.3	)
Effective income tax rate		23.1	%		23.7	%		23.6	%

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

	(In thousands)
	2024			2023			2022
Beginning balance	$	2,096		$	2,079		$	2,055
Increases due to current period tax positions		60			75			114
Decreases due to lapse of statute of limitations and audit resolutions		(26	)		(58	)		(90	)
Ending balance	$	2,130		$	2,096		$	2,079